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Credit Crunch At Front of Mind in Chicago

CHICAGO-Michael Reschke and Michael Alter will be the headline speakers at RealShare Chicago on June 10 at the Fairmont Chicago.

By Gina Kenny | Updated on June 06, 2008

CHICAGO-Chicago commercial real estate has been shaken by the capital markets and liquidity crunch with many wondering what to expect for the rest of the year. The sixth annual RealShare Chicago will bring industry leaders to discuss and provide insight. More than 300 of the city’s commercial real estate leaders are expected to attend RealShare Chicago Tuesday, June 10 at the Fairmont Chicago. Presented by Real Estate Media, the conference will provide information on the current state of the market and networking opportunities. “There has been one overriding theme in commercial real estate for the first half of the year,” says Rich Kelley, RealShare conference series director. “That trend is the capital markets situation and liquidity crisis, and how they are impacting everything and all walks of the industry.”

The headline speakers of the event will be the Alter Group president Michael Alter, who will be the speaker for RealShare Up-Close, and the Prime Group Inc. chairman and CEO Michael Reschke, who will be the speaker for Inside the Real Estate Mind, moderated by Real Estate Media vice president Michael Desiato. The impact of the capital markets and the liquidity crunch will be “the dominant theme of RealShare Chicago to try to give people an idea of when things in the market might turn and what the real market realities will look like when that does happen,” Kelley says. Richard Blum, EVP and CFO of Fifield Cos., and David Friedman, managing director of fund management for Wrightwood Capital, will offer “Two Views of the Capital Markets Conundrum,” and will give their perspectives on the market and the outlook for the markets. The town hall meeting will be back again this year, with a group of panelists discussing the state of the Chicago market.

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